Thursday, July 18, 2019

The Sensex Outlook for the Day - 18-07-2019



The shorts & the downwards outlook of last 2 days should be vindicated today. 
The trading range in the near term should be 39275-38750 (11700-11550).

Index Levels to Watch & Fair Value
Date 18-Jul-19
Index Sensex Nifty
S2            39,161           11,671
S1            39,187           11,679
Previous Close     39,215.64    11,687.50
R1            39,261           11,701
R2            39,275           11,705
Fair Value 28,967 8,633

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